MEXC trade is a high-performance buying and selling engine that’s able to processing 1.4 million transactions per second. The cryptocurrency trade permits customers to purchase, promote, maintain, and commerce cryptocurrency with out sharing private data besides the e-mail or telephone quantity they used for registration.
MEXC World has progressively develop into top-of-the-line crypto buying and selling platforms resulting from its wide selection of cryptocurrency choices and buying and selling pairs for spot and futures markets. Along with having the biggest crypto pool within the trade, MEXC has excessive every day buying and selling quantity, which interprets to excessive liquidity.
The trade permits buying and selling, staking, lending, and borrowing providers whereas providing customers extremely low charges on trades. It additionally has a Launchpad, Kickstarter, and Airdrop characteristic, which supplies early entry to new tokens earlier than they’re listed on the platform.
Now, if you’re questioning whether or not it’s secure and safe to purchase and promote crypto on MEXC in 2025, the quick reply is YES. Nonetheless, you will need to be taught extra about how the platform works earlier than leaping in.
Due to this fact, on this MEXC evaluation, we’ll offer you the solutions for what’s MEXC? What are its execs and cons? What are the buying and selling charges on MEXC? What are the very best options on MEXC?, and tips on how to open a brand new account on MEXC crypto trade. Let’s dive in!
MEXC Assessment: What’s It?
MEXC is a prime centralized cryptocurrency trade the place customers can simply purchase, promote, and commerce digital belongings. Whereas MEXC prides itself for mega transaction matching expertise, many customers desire it due to its extremely low charges and no obligatory Know Your Buyer (KYC) verification necessities, not like different exchanges.
With MEXC, you possibly can entry many providers, together with spot and futures buying and selling, leveraged ETFs (exchange-traded funds), NFT Index, crypto loans, and demo buying and selling instruments for novices. Here’s a nearer take a look at MEXC world trade and the way it stands out amongst different platforms.
Trade
MEXC
Based
2018
Options
Launchpad & Kickstarter
MEXC Futures M-Day
Spot Buying and selling
Copy Buying and selling
Fast registration
Aggressive buying and selling charges
Demo buying and selling
Margin Buying and selling
Sure
Buying and selling Charges
0.1% for makers and takers and even goes as little as 0%.
Know Your Buyer (KYC) Verification
Sure, however not required.
Safety
Two-factor authentication (2FA)
Chilly storage for crypto
Common safety audits
Deal with whitelisting
Supported Cryptocurrencies and Out there Buying and selling Pairs
2700+ cryptocurrencies and over 3000 pairs.
Accepted Fee Strategies
Cryptocurrency, Third celebration fee suppliers, SEPA Financial institution transfers.
System Compatibility
Cell and desktop.
Geographic Restrictions
MEXC is unavailable in North Korea, Cuba, Sudan, Syria, Iran, Crimea, Mainland China, Indonesia, Singapore, Venezuela, the US, and Canada.
What’s the Execs of MEXC?
As a well-known crypto trade, MEXC is standing out by offering many perks to their customers, the professionals of MEXC trade are:
Largest Collections of Altcoins: MEXC is standard for itemizing new altcoins and meme cash for investing and spot and futures buying and selling. The cryptocurrency trade has extra digital belongings than every other trade within the crypto trade (with over 2700 supported crypto and 3000+ buying and selling pairs)
Fast Registration: You may full MEXC registration in below a minute. It’s because you solely want an e mail or a telephone quantity to register and entry MEXC buying and selling providers.
Non-compulsory KYC: When you add the verification code despatched to your e mail, you might be in, and you can begin buying and selling instantly. You do not want to finish the KYC verification to have the ability to withdraw your digital belongings.
With out KYC, you possibly can withdraw between 10-30 BTC every day, which is greater than sufficient for a lot of particular person merchants. Nonetheless, you possibly can all the time full the KYC verification course of to spice up your withdrawal restrict to 80 or 200 BTC as your wants develop.
Copy buying and selling Instruments: This platform helps new customers benefit from their investments by copying the buying and selling methods of skilled merchants. You get entry to vital particulars in regards to the dealer, together with their observe file, return on investments, and wins. When you like every merchants’ observe information, you possibly can merely click on “Copy Commerce,” and orders will probably be routinely positioned in your behalf.
Futures Demo Buying and selling: In case you are fearful about risking your cash on crypto trades, you should utilize the Demo Buying and selling interface to follow earlier than you begin. If you join demo buying and selling, you’ll obtain a $50,000 check account that offers you a easy, risk-free solution to strive futures buying and selling and different buying and selling choices on MEXC Trade.
Incomes Choices: Customers can stake their belongings by Financial savings, Easy Earn, and New Token Mining with fastened and versatile phrases in trade for rewards. That is particularly vital for customers trying to develop belongings with minimal every day buying and selling on the spots or futures markets.
With Financial savings, you’re going to get every day curiosity payouts between 0.08% – 20% annual proportion yield (APY). On the flip facet, you may also use MEXC Loans to borrow crypto by placing up one other crypto asset as collateral.
What’s the Cons of MEXC?
The cons of MEXC Trade are;
The Trade is Largely Unregulated: MEXC cryptocurrency trade is just not regulated in lots of international locations because it lacks authorization from monetary authorities in a number of jurisdictions, together with the US, Canada, and Germany. In Germany, BaFin has warned that MEXC world trade is providing monetary providers with out the required licenses.
Complaints About Locking Consumer Funds: MEXC has been going through backlash for claims of locking consumer funds although the expertise is just not constant throughout a number of customers. A MEXC evaluation on Trustpilot mentioned, “Used the platform for one month, made safety deposits and deposited crypto funds. Out of nowhere obtained banned with no causes and clarification. One other consumer mentioned, “They’ve despatched me an E-mail to withdraw your belongings inside a brief time frame, however my belongings are frozen (can not promote and trade them for different cryptos) and can’t withdraw as a result of XCH (chia community) has been in upkeep mode for months so i can’t withdraw my XCH….”
Not the Most Newbie Pleasant Platforms: Attributable to its massive coin choices and plenty of different options, buying and selling on MEXC may be just a little difficult for novices. Nonetheless, the platform offers instructional assets and a easy in-app information to assist new customers.
What Are the Finest Options of MEXC
One of the best options of MEXC are the Launchpad and Kickstarter, MEXC Futures M-Day, Spot Buying and selling, and Copy Buying and selling. Let’s break down these options to get a greater understanding of how they affect your expertise on the trade:
1. MEXC Launchpad & Kickstarter
It may be difficult to find and spend money on promising Blockchain initiatives earlier than they hit the mainstream. The MEXC world trade provides two key options to enhance the method: the MEXC Launchpad and the Kickstarter occasion.
They’re designed to assist customers uncover and spend money on promising blockchain initiatives whereas offering incentives resembling airdrops and rewards to encourage contributors.
For the MEXC Launchpad, the trade makes use of a rigorous choice course of to make sure that solely initiatives that meet strict standards are featured. This contains evaluating the venture’s workforce, market demand, and potential.
Customers can earn free token airdrops by holding MX tokens. For example, if you happen to maintain no less than 2,000 MX tokens, you possibly can take part in airdrop occasions and make big returns when initiatives launch.
To take part in Launchpad occasions:
Purchase and maintain no less than 1,000 MX tokens in your spot pockets for 30 consecutive days.
Commit your MX tokens throughout Non-lockup Occasions utilizing the Fast Commit characteristic.
Airdrops will then be distributed based mostly on the proportion of tokens dedicated.
Then again, the Kickstarter occasion is one other initiative by MEXC platform that goals to assist new initiatives throughout their pre-launch section. You and different customers can take part by voting in your favourite Blockchain initiatives. Profitable votes result in free rewards and token airdrops for contributors.
Just like the Launchpad, there are necessities that qualify customers to take part in Kickstarter occasions. Customers should maintain no less than 500 MX tokens for twenty-four hours earlier than the occasion begins. The quantity of MX tokens held determines what number of tokens will be dedicated throughout the occasion.
2. MEXC Futures M-Day
MEXC Futures M-Day is a promotional occasion designed to encourage customers to take part in particular token itemizing occasions. Customers can obtain airdrops as rewards by buying and selling within the specific inventory designated by MEXC.
This occasion is held all yr spherical, however the tokens change relying on the time of yr, so if you wish to take part, you need to watch the occasion usually. For example, MEXC held an occasion final yr to encourage customers to commerce in USDT-M futures on the cryptocurrency trade.
Contributors earned rewards by a fortunate draw based mostly on their buying and selling volumes throughout specified intervals. This threshold varies by occasion; for example, it might be set at 40,000 USDT or extra.
The upper the transaction quantity, the extra tickets a consumer can declare for the draw. Right here’s how one can qualify to take part;
You have to register for every occasion to take part on the MEXC web site or cellular app.
Have interaction in buying and selling the actual token within the futures market to build up quantity and earn tickets.
In the course of the ticket declare interval, declare your tickets based mostly in your buying and selling exercise.
After the occasion concludes, MEXC will announce the outcomes and distribute rewards.
Collaborating in MEXC M-Day can get you rewards whether or not you win or not. Participation alone will get you free raffle tickets with futures bonuses. One lottery ticket will probably be awarded for each 45,000 USDT buying and selling quantity, which you should utilize as a margin and withdraw your earnings.
3. Spot Buying and selling
The MEXC platform has a spot market just like different exchanges. You should buy and promote crypto simply and reap the benefits of MEXC’s excessive liquidity. Attributable to a excessive buying and selling quantity, your orders will probably be fulfilled rapidly, and you may get good charges when making trades.
Moreover, the platform has a sophisticated buying and selling dashboard with pairs largely pegged with USDT. The dashboard shows buying and selling data, together with the 24-hour, 7-day, and 30-day buying and selling quantity of the actual pair you select.
4. Copy Buying and selling
MEXC’s Copy Buying and selling characteristic permits new customers to routinely replicate the buying and selling methods of skilled merchants in futures markets. You may choose energetic merchants based mostly on their observe file and efficiency metrics, resembling return on funding (ROI), 7-day win price, and revenue and loss (PNL).
To take part, you solely have to deposit funds to your copy commerce account, fill in your particulars, and observe skilled merchants to begin copying their buying and selling methods. All orders are positioned routinely whenever you determine to observe a dealer, and no extra charges are charged for copy buying and selling transactions.
Different MEXC Crypto Trade Options
P2P Buying and selling: Moreover shopping for, promoting, and buying and selling crypto within the futures and spot markets, MEXC customers can even commerce crypto belongings with different customers on the MEXC platform with out middlemen. In trade for an area foreign money or vice versa, you possibly can commerce digital belongings on the P2P market, together with USDT, USDC, BTC, and ETH.
MEXC Token Airdrops: MEXC ceaselessly hosts token airdrops, letting you earn rewards by finishing easy duties like depositing funds or making trades. If you wish to take part in airdrop campaigns, you must examine the “Token Airdrop” web page usually to catch such occasions earlier than they finish.
MEXC Referral Program: Like different exchanges, MEXC affiliate portal allows customers to make extra rewards by selling the platform. As a referrer, you possibly can earn as much as 70% fee on each commerce your referrals make on MEXC’s spot and futures markets.
These rewards aren’t one-way advantages; referrals additionally qualify for rewards, resembling a $20 enroll bonus, and entry to prime trade occasions. So, if you happen to’d reasonably open an account and commerce every day with out being an affiliate, use the referral code: mexc-cnjreview for unique rewards and airdrops.
What’s Buying and selling charges on MEXC?
The buying and selling charges on MEXC is low, inserting it above Binance and different exchanges by way of low charges. Under is a breakdown of the charges MEXC costs for spot, futures, and margin buying and selling.
Spot Buying and selling Charges
MEXC’s spot transaction charges are 0.05% for each makers and takers. Nonetheless, there are a number of methods to cut back these charges:
MX Deduction: Use MEXC’s native platform token, MX, to obtain a 20% low cost on buying and selling charges.
Maintain MX: Maintain no less than 500 MX inside 24 hours to obtain a 50% low cost on spot and futures charges.
Fashionable buying and selling pairs: Some standard buying and selling pairs, resembling XRP/USDT and XRP/USDC, have a 0% spot transaction price.
Moreover, MEXC Trade provides particular buying and selling pairs with zero charges for makers and takers. Examples of such spots market particular buying and selling pairs are PEN/USDT, XRP/USDC, and APT/USDT.
Futures Buying and selling Charges
MEXC at present has the bottom futures buying and selling prices available in the market in the meanwhile. Its maker charges are set at 0%, and taker charges are at 0.01%. To additional cut back the buying and selling charges, you possibly can maintain MX place above 500 over the past 24 hours, permitting you to immediately get pleasure from a 50% low cost on futures buying and selling prices.
Moreover, you possibly can get pleasure from 20% off buying and selling charges whenever you switch MX into your futures account and offset USDT-margined futures buying and selling prices. Or, you possibly can commerce particular buying and selling pairs with 0% buying and selling charges like APT/USDT, TONCOIN/USDT, DOGS/USDT, NOT/USDT, and KAS/USDT on the Futures market.
Different MEXC Charges: Deposit and Withdrawal Charges
MEXC Trade doesn’t cost charges on deposits for any cryptocurrency. However, for withdrawals, charges fluctuate relying on the cryptocurrency you might be withdrawing with some going without spending a dime. For example, withdrawing Tether USDT on MEXC is free, however there’s a minimal withdrawal quantity of 10 USDT.
Then if you’re withdrawing Bitcoin (BTC), the minimal withdrawal quantity is 0.00015BTC and withdrawal price capped at 0.00003 BTC. It is very important word that MEXC withdrawal charges change time beyond regulation and are charged in keeping with the present community situations. Please all the time examine probably the most up to date MEXC price listed on every withdrawal web page.
How one can Open New Account to Purchase and Promote Crypto on MEXC?
Create an account with MEXC and begin buying and selling.
To open an account on MEXC to purchase and promote crypto, you possibly can:
Go to the MEXC homepage, or obtain the app, and click on “Signal Up”
Fill out your e mail or telephone quantity within the registration kind and click on Signal Up.
Confirm your e mail or telephone quantity with a 6-digit code or the hyperlink despatched to your e mail and you might be in.
You too can log in to MEXC Trade utilizing a third-party account, like Google, Apple, MetaMask Pockets, or Telegram.
You solely want an e mail to open a MEXC account. As soon as your account is ready up, you should purchase your first crypto, promote it, and commerce cryptocurrencies as you please.
Always remember to use our MEXC referral code to help you in your crypto journey.
Comply with these steps to purchase your first crypto on MEXC Trade:
Select the [Deposit] tab, choose the fiat foreign money to pay with (EUR, USD, JPY, and so on), and choose the crypto you want to obtain.
Then, enter the quantity you wish to pay or the quantity you want to obtain.
Click on [Buy USDT or the crypto you selected] and choose an acceptable fee technique.
Upon fee affirmation, the crypto you purchased will probably be deposited into your MEXC account routinely.
Comply with these steps to promote your crypto:
On the identical web page, select the [Sell] tab, and choose the crypto you wish to promote and the fiat foreign money you want to obtain.
Then, enter the quantity of crypto you wish to promote or the quantity of fiat you want to obtain.
Click on [Sell USDT] and choose a fee technique for the client to make the fee within the chosen receiving cryptocurrency.
As soon as your order has been processed, the client will make the fee within the chosen receiving cryptocurrency through the fee technique you chose.
Not like different exchanges, you possibly can successfully transact on MEXC Trade with out KYC. Nonetheless, to maneuver from Unverified (10-30 BTC every day withdrawal restrict) to Major or Superior degree (200 BTC every day withdrawal restrict), it is advisable full KYC utilizing these steps:
Go to your account and click on in your profile icon. You will note “Identification verification” on the prime proper nook of the web page.
Click on on it and choose the kind of verification you wish to full (major or superior).
Select your nation or area and the kind of government-issued ID you’ll use. Then observe MEXC directions to finish the facial recognition verification.
MEXC Trade will evaluation your paperwork and ship you an e mail as soon as the method is full.
“What Are the MEXC Supported International locations?”
MEXC is accessible in the UK, Australia, Africa, most of Europe, and Asia, serving 10+ million merchants in over 170 international locations. This makes it probably the most accessible crypto exchanges on the planet.
What Are the MEXC Restricted International locations?
MEXC Trade is just not obtainable in all places. It’s not accessible to merchants in North Korea, Cuba, Sudan, Syria, Hong Kong, Iran, Mainland China, Singapore, the US, the UK, Canada, Sevastopol and Russian-controlled areas of Ukraine (Crimea, Donetsk, and Luhansk).
Attributable to authorized and regulatory restrictions, you can not open an account or commerce on MEXC Trade if you’re situated in one in every of these areas. Nonetheless, some merchants use VPN to bypass detection and entry MEXC providers. They continue to be “Unverified” merchants with a every day withdrawal restrict beginning at 10 BTC.
At all times do not forget that MEXC reserves the appropriate to take speedy motion, together with account liquidation and termination (even funded accounts) if customers present inconsistent details about their location. So, if you happen to determine to make use of a VPN, guarantee it’s all the time on whereas logging in to the platform.
What Are the Finest Options for MEXC?
One of the best alternate options to MEXC are Bybit, KuCoin, Binance, and BingX. These finest crypto exchanges provide a big number of crypto like MEXC, they’ve aggressive charges, and provide a number of options to present customers a clean buying and selling expertise.
Whereas a few of these alternate options, together with Binance and Bybit, require KYC verification, it’s elective on BingX. However earlier than you determine on an trade to discover, the highest MEXC alternate options are summarized within the comparability desk beneath that can assist you make knowledgeable choices;
Trade
MEXC
Bybit
Binance
BingX
Kucoin
Based
2018
2018
2017
2018
2017
Options
Launchpad
Kickstarter
Futures M-Day
Spot Buying and selling
Copy Buying and selling
Launchpad
NFT Market
Copy Buying and selling
Buying and selling (spot, futures, and margin).
Futures and leveraged buying and selling.
Spot Buying and selling
Launchpad and Launchpool
Binance Earn
Low charges
Spot and futures buying and selling
Copy buying and selling
No leverage buying and selling.
Futures and leveraged buying and selling.
Spot Buying and selling
Buying and selling bots
Low charges
Margin Buying and selling
Sure
Sure
Sure
Sure
Sure
Buying and selling Charges
0.1% for makers and takers. The charges go as little as 0%.
0.1% maker and taker orders in spot buying and selling. 0.02% for makers and 0.055% for takers in futures buying and selling.
0.10% for spot buying and selling and 0.50% for immediate purchase and promote transactions.
0.1% for spot buying and selling, 0.0200% for maker, and 0.0500% taker charges for perpetual futures.
A base buying and selling price of 0.1% for each makers and takers.
KYC Verification
Sure, however it’s not obligatory.
Required (Tiered)
Required
Sure, however not required.
Sure, tiered.
Safety
2FA, chilly storage, and handle whitelisting.
Chilly storage and two-factor authentication.
2FA, handle whitelisting, and chilly storage of crypto.
KYC verification and two-factor authentication.
Insurance coverage protection and 2FA.
Supported Cryptocurrencies and Out there Buying and selling Pairs
2700+ cryptocurrencies and over 3000+ pairs.
1000+ and 300+ spot pairs.
500+ and 1300+ pairs.
700+ and 1100+ pairs.
700+ and 1200+ pairs.
Accepted Fee Strategies
Cryptocurrency, Third celebration fee suppliers, P2P buying and selling, SEPA Financial institution transfers.
Crypto, credit score/debit playing cards, financial institution transfers, and third-party providers, P2P buying and selling.
Crypto, native transfers, credit score/debit playing cards, and Binance Pay4, and P2P buying and selling.
Crypto, Visa, and Mastercard.
Crypto, bank cards by third-party suppliers and P2P buying and selling.
System Compatibility
Cell and desktop.
Cell and desktop
Cell and desktop
Cell and desktop
Web site and cellular apps.
Geographic Restrictions
Not obtainable in North Korea, the US, Canada and 10 extra international locations.
Not obtainable in the US, Canada, Singapore, France, and extra.
Not obtainable within the US, UK, and several other European international locations.
United States, Canada, and different international locations.
US, mainland China, and different international locations.
By way of cryptocurrency choice, consumer safety, and options, the very best MEXC alternate options are Binance and Bybit. The 2 platforms provide varied buying and selling pairs, 1000’s of crypto, and aggressive buying and selling charges, however they require KYC. In addition they present varied options, together with Buying and selling bots, staking, saving, NFT market, and extra. If you wish to perceive extra about these alternate options, take a look at our detailed Binance evaluation for extra data.
Nonetheless, when speaking about ‘no obligatory’ KYC verification alternate options for MEXC Trade, think about using BingX and Kucoin. Although they’re restricted in sure areas, you should utilize a VPN service to entry these exchanges. However in addition to the elective KYC, these exchanges additionally assist a number of Altcoins.
Since this information is on MEXC evaluation, we solely offered a short overview of every of those exchanges options. So, do your personal analysis to find out which platform is the very best crypto buying and selling different for MEXC world trade.
How Many Cryptocurrencies Out there on MEXC?
MEXC provides buying and selling for over 2,700 cryptocurrencies, which is extra crypto assist than nearly all of exchanges, together with Binance and Bybit. Buying and selling new altcoins and meme cash is among the main causes MEXC is standard within the crypto house.
Is MEXC Protected and Legit to Purchase and Promote Crypto in 2025?
Sure, MEXC is secure and legit to purchase/promote crypto in 2025. The platform has been working since 2018 and has by no means been hacked or misplaced consumer funds. They safe consumer funds utilizing strong safety features like chilly pockets storage, multi-sig authorizations, and superior encryption.
Nonetheless, there have been complaints about MEXC locking consumer funds and delisting tokens with out warning. A consumer claimed that “They banned the account and my workforce members’ account additionally. Now we have greater than 50 {Dollars} on our account. Once we contacted them individually they requested me to submit the holding NID and a paper the place we write “MEXC Account” and E-mail or UID…”
“…And so they listing cash randomly and most of them are Honeypot cash. As like GEGS, NGH, Wifceo, LAG and so on(Delisted). They’re itemizing honeypot cash and wiping the purchasers’ funds…”
Whereas a few of these complaints are unverified and never settled, MEXC has superior safety protocols in place. In addition they launched a press release when one other consumer allegedly misplaced over $92k resulting from account freeze. MEXC acknowledged that there was an irregular cryptocurrency buying and selling exercise within the customers account saying;
“Concerning the account restrictions and points associated to futures buying and selling/belongings that you’ve got raised, our threat management system and related personnel have performed a radical examination. It has been recognized that there have been irregular buying and selling actions in your account and related accounts. In accordance with the phrases of use, now we have taken measures to recuperate the losses incurred.”
One other potential concern might be that MEXC is unregulated in most jurisdictions, together with the US, North Korea, Mainland China, and Canada. However, this case is not any completely different than different prime exchanges within the house going through regulatory challenges in comparable areas like Binance and Bybit.
However if you’re nonetheless involved in regards to the security of your digital belongings, you possibly can simply take safety a step additional. Safe your account with two-factor authentication (2FA), handle whitelisting for crypto withdrawals, and even full Superior KYC if you’re a resident of a MEXC supported nation.
Does MEXC Require KYC to Withdraw?
No, MEXC permits customers to withdraw with out KYC. Nonetheless, your every day withdrawal restrict as an Unverified consumer is the equal of 10 BTC.
“What’s the MEXC Withdrawal Restrict With out KYC?”
With out KYC verification, MEXC imposes a withdrawal restrict of 10 BTC each 24 hours. You may enhance your withdrawal restrict by finishing both Major or Superior KYC. Major KYC permits withdrawals of as much as 80 BTC inside 24 hours, whereas Superior KYC will increase this restrict to 200 BTC and contains extra options like OTC buying and selling.
